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Aramid Fiber Market Size, Share & Trends Analysis Report By Product (Para-aramid, Meta-aramid), By End-use (Security & Protection, Aerospace, Electrical Insulation), By Region, And Segment Forecasts, 2018 - 2024

Aramid Fiber Market Size, Share & Trends Analysis Report By Product (Para-aramid, Meta-aramid), By End-use (Security & Protection, Aerospace, Electrical Insulation), By Region, And Segment Forecasts, 2018 - 2024

The global aramid fiber market size is expected to reach USD 6.51 billion by 2024, according to a new report by Grand View Research, Inc. The market is projected to witness a healthy CAGR of 9.7% during the forecast period. Increasing demand for protective clothing from various applications such as industrial and defense sector is the major factor driving the market. Growth of these end-user industries is projected to further propel the demand for aramid fibers over the next few years.

On the other hand, high cost of production is anticipated to limit the market growth. However, these fibers are light weight, heat resistant, non-flammable, and highly durable. These properties are boosting their demand, thereby augmenting the market expansion. A considerable part of every country’s annual budget is occupied by the defense sector due to various factors such as political differences and rising tension across borders. Thus, increased government expenditure in the aerospace, defense and security industries is expected to drive the market.

Para-aramids led the global market in 2015. They possess high tensile strength and a tendency to deform when force is applied. They are created by the dry-jet, wet spinning technique, which results in a fiber consisting of an extended liquid crystal chains formed along its axis with a greater degree of crystallinity and strength. These fibers are widely used in vehicle components such as hoses, tires, belts, brake pads, fiber-glass reinforcement, gaskets, clutches and vehicle armors. Thus, increasing applications of para-aramid fibers in the automobile component manufacturing is anticipated to drive the segment further over the forecast period.

Further key findings from the report suggest:

  • The global aramid fiber market generated USD 2.8 billion in 2015 and is expected to reach USD 6.5 billion by 2024, at a CAGR of 9.7%
  • On the basis of product, the market is led by para-aramid fiber, which is expected to generate USD 4.2 billion by 2024
  • Security and protection was the prominent end-use segment and is anticipated to maintain its dominance throughout the forecast period
  • Rapid urbanization and growth of construction sector in emerging economies of Asia Pacific such as India, China, and Japan are expected to drive the regional market
  • Some of the major companies in the aramid fiber market are Teijin Ltd.; Yantai Tayho Advanced Materials Co.; E. I. du Pont de Nemours and Company, Hyosung Corp.; Toray Chemicals South Korea, Inc.; Kermel S.A., Kolon Industries, Inc.; Huvis Corp.; China National Bluestar (Group) Co. Ltd.; and SRO Aramid (Jiangzu) Co. Ltd.


Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope & Assumptions
1.3 List of Data Sources
Chapter 2 Executive Summary
Chapter 3 Aramid Fibres Market Industry Outlook
3.1 Aramid fibres market segmentation
3.2 Aramid fibres market size and growth prospects, 2013 - 2024
3.3 Aramid fibres market value chain analysis
3.3.1 Vendor landscape
3.4 Regulatory framework
3.5 Technological overview
3.6 Raw material overview
3.7 Aramid fibres market competitive landscape
3.8 Aramid fibres market dynamics
3.8.1 Market driver analysis
3.8.2 Market restraints analysis
3.9 Aramid fibres market Porter’s five forces analysis
3.10 Aramid fibres key opportunities prioritized
3.11 Aramid fibres market PESTEL analysis
Chapter 4 Aramid Fibres Market Product Outlook
4.1 Global Aramid Fibres market value share by product, 2015 & 2024
4.2 Para-aramid
4.2.1 Market estimates and forecast, 2013 - 2024
4.2.2 Market estimates and forecast, by region, 2013 - 2024
4.3 Meta-aramid
4.3.1 Market estimates and forecast, 2013 - 2024
4.3.2 Market estimates and forecast, by region, 2013 - 2024
4.4 Others
4.4.1 Market estimates and forecast, 2013 - 2024
4.4.2 Market estimates and forecast, by region, 2013 - 2024
Chapter 5 Aramid Fibres Market End-use Outlook
5.1 Global aramid fibres market value share by end-use, 2015 & 2024
5.2 Security & protection
5.2.1 Market estimates and forecast, 2013 - 2024
5.2.2 Market estimates and forecast, by region, 2013 - 2024
5.3 Frictional materials
5.3.1 Market estimates and forecast, 2013 - 2024
5.3.2 Market estimates and forecast, by region, 2013 - 2024
5.4 Optical fiber
5.4.1 Market estimates and forecast, 2013 - 2024
5.4.2 Market estimates and forecast, by region, 2013 - 2024
5.5 Tire reinforcement
5.5.1 Market estimates and forecast, 2013 - 2024
5.5.2 Market estimates and forecast, by region, 2013 - 2024
5.6 Rubber reinforcement
5.6.1 Market estimates and forecast, 2013 - 2024
5.6.2 Market estimates and forecast, by region, 2013 - 2024
5.7 Aerospace
5.7.1 Market estimates and forecast, 2013 - 2024
5.7.2 Market estimates and forecast, by region, 2013 - 2024
5.8 Electrical insulation
5.8.1 Market estimates and forecast, 2013 - 2024
5.8.2 Market estimates and forecast, by region, 2013 - 2024
5.9 Others
5.9.1 Market estimates and forecast, 2013 - 2024
5.9.2 Market estimates and forecast, by region, 2013 - 2024
Chapter 6 Aramid Fibres Regional Outlook
6.1 Global aramid fibres market revenue share by region, 2015 & 2024
6.2 North America
6.2.1 Market estimates and forecast, 2013 - 2024
6.2.2 Market estimates and forecast, by product, 2013 - 2024
6.2.3 Market estimates and forecast, by end-use, 2013 - 2024
6.2.4 U.S.
6.2.4.1 Market estimates and forecast, 2013 - 2024
6.2.4.2 Market estimates and forecast, by product, 2013 - 2024
6.2.4.3 Market estimates and forecast, by end-use, 2013 - 2024
6.2.5 Canada
6.2.5.1 Market estimates and forecast, 2013 - 2024
6.2.5.2 Market estimates and forecast, by product, 2013 - 2024
6.2.5.3 Market estimates and forecast, by end-use, 2013 - 2024
6.2.6 Mexico
6.2.6.1 Market estimates and forecast, 2013 - 2024
6.2.6.2 Market estimates and forecast, by product, 2013 - 2024
6.2.6.3 Market estimates and forecast, by end-use, 2013 - 2024
6.3 Europe
6.3.1 Market estimates and forecast, 2013 - 2024
6.3.2 Market estimates and forecast, by product, 2013 - 2024
6.3.3 Market estimates and forecast, by end-use, 2013 - 2024
6.3.4 Germany
6.3.4.1 Market estimates and forecast, 2013 - 2024
6.3.4.2 Market estimates and forecast, by product, 2013 - 2024
6.3.4.3 Market estimates and forecast, by end-use, 2013 - 2024
6.3.5 France
6.3.5.1 Market estimates and forecast, 2013 - 2024
6.3.5.2 Market estimates and forecast, by product, 2013 - 2024
6.3.5.3 Market estimates and forecast, by end-use, 2013 - 2024
6.3.6 Italy
6.3.6.1 Market estimates and forecast, 2013 - 2024
6.3.6.2 Market estimates and forecast, by product, 2013 - 2024
6.3.6.3 Market estimates and forecast, by end-use, 2013 - 2024
6.3.7 U.K.
6.3.7.1 Market estimates and forecast, 2013 - 2024
6.3.7.2 Market estimates and forecast, by product, 2013 - 2024
6.3.7.3 Market estimates and forecast, by end-use, 2013 - 2024
6.4 Asia-Pacific
6.4.1 Market estimates and forecast, 2013 - 2024
6.4.2 Market estimates and forecast, by product, 2013 - 2024
6.4.3 Market estimates and forecast, by end-use, 2013 - 2024
6.4.4 China
6.4.4.1 Market estimates and forecast, 2013 - 2024
6.4.4.2 Market estimates and forecast, by product, 2013 - 2024
6.4.4.3 Market estimates and forecast, by end-use, 2013 - 2024
6.4.5 Japan
6.4.5.1 Market estimates and forecast, 2013 - 2024
6.4.5.2 Market estimates and forecast, by product, 2013 - 2024
6.4.5.2 Market estimates and forecast, by end-use, 2013 - 2024
6.4.6 India
6.4.6.1 Market estimates and forecast, 2013 - 2024
6.4.6.2 Market estimates and forecast, by product, 2013 - 2024
6.4.6.2 Market estimates and forecast, by end-use, 2013 - 2024
6.4.7 South Korea
6.4.7.1 Market estimates and forecast, 2013 - 2024
6.4.7.2 Market estimates and forecast, by product, 2013 - 2024
6.4.7.2 Market estimates and forecast, by end-use, 2013 - 2024
6.5 Latin America
6.5.1 Market estimates and forecast, 2013 - 2024
6.5.2 Market estimates and forecast, by product, 2013 - 2024
6.5.3 Market estimates and forecast, by end-use, 2013 - 2024
6.5.4 Brazil
6.5.4.1 Market estimates and forecast, 2013 - 2024
6.5.4.2 Market estimates and forecast, by product, 2013 - 2024
6.5.4.2 Market estimates and forecast, by end-use, 2013 - 2024
6.6 Middle East & Africa
6.6.1 Market estimates and forecast, 2013 - 2024
6.6.2 Market estimates and forecast, by product, 2013 - 2024
6.6.4 Market estimates and forecast, by end-use, 2013 - 2024
Chapter 7 Competitive Landscape
7.1 Teijin Ltd.
7.1.1 Company Overview
7.1.2 Financial Performance
7.1.3 Product Benchmarking
7.1.4 Strategic Initiatives
7.2 Yantai Tayho Advanced Materials Co.
7.2.1 Company Overview
7.2.2 Financial Performance
7.2.3 Product Benchmarking
7.3 E. I. Dupont Nemours & Co.
7.3.1 Company Overview
7.3.2 Financial Performance
7.3.3 Product Benchmarking
7.4 Hyosung Corp.
7.4.1 Company Overview
7.4.2 Financial Performance
7.4.3 Product Benchmarking
7.4.4 Strategic Initiatives
7.5 Toray Chemicals South Korea Inc.
7.5.1 Company Overview
7.5.2 Financial Performance
7.5.3 Product Benchmarking
7.5.4 Strategic Initiatives
7.6 Kermel
7.6.1 Company Overview
7.6.2 Financial Performance
7.6.3 Product Benchmarking
7.7 Kolon Industries Inc.
7.7.1 Company Overview
7.7.2 Financial Performance
7.7.3 Product Benchmarking
7.8 Huvis Corp.
7.8.1 Company Overview
7.8.2 Financial Performance
7.8.3 Product Benchmarking
7.9 China National Bluestar (Group) Co. Ltd.
7.9.1 Company Overview
7.9.2 Financial Performance
7.9.3 Product Benchmarking
7.10 SRO Aramid (Jiangzu) Co. Ltd.
7.10.1 Company Overview
7.10.2 Financial Performance
7.10.3 Product Benchmarking
List of Tables
TABLE 1. Aramid fibres market - Industry Summary and Key Buying Criteria, 2013 - 2024
TABLE 2. Global aramid fibres market, 2013 - 2024 (USD Million)
TABLE 3. Global aramid fibres market, by product, 2013 - 2024 (USD Million)
TABLE 4. Global aramid fibres market, by end-use, 2013 - 2024 (USD Million)
TABLE 5. Vendor landscape
TABLE 6. Aramid fibres - Key market driver analysis
TABLE 7. Aramid fibres market - Key market restraint analysis
TABLE 8. Global para-aramid fibres market estimates and forecast, 2013 - 2024 (USD Million)
TABLE 9. Global para-aramid fibres market estimates and forecast, by region, 2013 - 2024 (USD Million)
TABLE 10. Global meta-aramid fibres market estimates and forecast, 2013 - 2024 (USD Million)
TABLE 11. Global meta-aramid fibres market estimates and forecast, by region, 2013 - 2024 (USD Million)
TABLE 12. Global aramid fibres market estimates and forecast in security & protection, 2013 - 2024 (USD Million)
TABLE 13. Global aramid fibres market estimates and forecast in security & protection, by region, 2013 - 2024 (USD Million)
TABLE 14. Global Aramid Fibres market estimates and forecast in frictional materials, 2013 - 2024 (usd million)
TABLE 15. global aramid fibres market estimates and forecast in frictional materials, by region, 2013 - 2024 (USD Million)
TABLE 16. Global aramid fibres market estimates and forecast in optical fiber, 2013 - 2024 (USD Million)
TABLE 17. Global aramid fibres market estimates and forecast in optical fiber, by region, 2013 - 2024 (USD Million)
TABLE 18. Global aramid fibres market estimates and forecast in tire reinforcement, 2013 - 2024 (USD Million)
TABLE 19. Global aramid fibres market estimates and forecast in tire reinforcement, by region, 2013 - 2024 (USD Million)
TABLE 20. Global aramid fibres market estimates and forecast in rubber reinforcement, 2013 - 2024 (USD Million)
TABLE 21. Global aramid fibres market estimates and forecast in rubber reinforcement, by region, 2013 - 2024 (USD Million)
TABLE 22. Global aramid fibres market estimates and forecast in aerospace, 2013 - 2024 (USD Million)
TABLE 23. Global aramid fibres market estimates and forecast in aerospace, by region, 2013 - 2024 (USD Million)
TABLE 24. Global aramid fibres market estimates and forecast in electric insulation, 2013 - 2024 (USD Million)
TABLE 25. Global aramid fibres market estimates and forecast in electric insulation, by region, 2013 - 2024 (USD Million)
TABLE 26. Global aramid fibres market estimates and forecast in other applications, 2013 - 2024 (USD Million)
TABLE 27. Global aramid fibres market estimates and forecast in other applications, by region, 2013 - 2024 (USD Million)
TABLE 28. North America aramid fibres market revenue, 2013 - 2024 (USD Million)
TABLE 29. North America aramid fibres market revenue, by product, 2013 - 2024 (USD Million)
TABLE 30. North America aramid fibres market revenue, by end-use, 2013 - 2024 (USD Million)
TABLE 31. U.S. aramid fibres market revenue, 2013 - 2024 (USD Million)
TABLE 32. U.S. aramid fibres market revenue, by product, 2013 - 2024 (USD Million)
TABLE 33. U.S. aramid fibres market revenue, by end-use, 2013 - 2024 (USD Million)
TABLE 34. Canada aramid fibres market revenue, 2013 - 2024 (USD Million)
TABLE 35. Canada aramid fibres market revenue, by product, 2013 - 2024 (USD Million)
TABLE 36. Canada aramid fibres market revenue, by end-use, 2013 - 2024 (USD Million)
TABLE 37. Mexico aramid fibres market revenue, 2013 - 2024 (USD Million)
TABLE 38. Mexico aramid fibres market revenue, by product, 2013 - 2024 (USD Million)
TABLE 39. Mexico aramid fibres market revenue, by end-use, 2013 - 2024 (USD Million)
TABLE 40. Europe aramid fibres market revenue, 2013 - 2024 (USD Million)
TABLE 41. Europe aramid fibres market revenue, by product, 2013 - 2024 (USD Million)
TABLE 42. Europe aramid fibres market revenue, by end-use, 2013 - 2024 (USD Million)
TABLE 43. Germany aramid fibres market revenue, by product, 2013 - 2024 (USD Million)
TABLE 44. Germany aramid fibres market revenue, by end-use, 2013 - 2024 (USD Million)
TABLE 45. France aramid fibres market revenue, by product, 2013 - 2024 (USD Million)
TABLE 46. France aramid fibres market revenue, by end-use, 2013 - 2024 (USD Million)
TABLE 47. Italy aramid fibres market revenue, by product, 2013 - 2024 (USD million)
TABLE 48. Italy aramid fibres market revenue, by end-use, 2013 - 2024 (USD Million)
TABLE 49. U.K. aramid fibres market revenue, by product, 2013 - 2024 (USD Million)
TABLE 50. U.K. aramid fibres market revenue, by end-use, 2013 - 2024 (USD Million)
TABLE 51. Asia-Pacific aramid fibres market revenue, 2013 - 2024 (USD Million)
TABLE 52. Asia-Pacific aramid fibres market revenue, by product, 2013 - 2024 (USD Million)
TABLE 53. Asia-Pacific aramid fibres market revenue, by end-use, 2013 - 2024 (USD Million)
TABLE 54. China aramid fibres market revenue, by product, 2013 - 2024 (USD Million)
TABLE 55. China aramid fibres market revenue, by end-use, 2013 - 2024 (USD Million)
TABLE 56. India aramid fibres market revenue, by product, 2013 - 2024 (USD Million)
TABLE 57. India aramid fibres market revenue, by end-use, 2013 - 2024 (USD Million)
TABLE 58. Japan aramid fibres market revenue, by product, 2013 - 2024 (USD Million)
TABLE 59. Japan aramid fibres market revenue, by end-use, 2013 - 2024 (USD Million)
TABLE 60. South Korea aramid fibres market revenue, by product, 2013 - 2024 (USD Million)
TABLE 61. South Korea aramid fibres market revenue, by end-use, 2013 - 2024 (USD Million)
TABLE 62. Latin America aramid fibres market revenue, 2013 - 2024 (USD Million)
TABLE 63. Latin America aramid fibres market revenue, by product, 2013 - 2024 (USD Million)
TABLE 64. Latin America aramid fibres market revenue, by end-use, 2013 - 2024 (USD Million)
TABLE 65. Brazil aramid fibres market revenue, by product, 2013 - 2024 (USD Million)
TABLE 66. Brazil aramid fibres market revenue, by end-use, 2013 - 2024 (USD Million)
TABLE 67. Middle East & Africa aramid fibres market revenue, 2013 - 2024 (USD Million)
TABLE 68. Middle East & Africa aramid fibres market revenue, by product, 2013 - 2024 (USD Million)
TABLE 69. Middle East & Africa aramid fibres market revenue, by end-use, 2013 - 2024 (USD Million)
List of Figures
FIG. 1 Aramid fibres market segmentation
FIG. 2 Aramid fibres value chain analysis
FIG. 3 Aramid fibres market dynamics
FIG. 4 Aramid fibres market Porter’s five forces analysis
FIG. 5 Aramid fibres market PESTEL analysis
FIG. 6 Global aramid fibres market value share by product, 2015 & 2024
FIG. 7 Global aramid fibres market value share by end-use, 2015 & 2024
FIG. 8 Global aramid fibres market revenue share by region, 2015 & 2024

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